Thank you for sharing!

Your article was successfully shared with the contacts you provided.

In 2012, eight companies paid the Securities and Exchange Commission over $118 million to settle civil suits under the Foreign Corrupt Practices Act. That’s an average of nearly $15 million per company, a dollar amount that your company would likely prefer to keep in its bank account. If it’s any consolation to a company facing the prospects of such a payment, three recent SEC lawsuits offer some insights into an age-old protection for defendants: the statute of limitations.

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2017 ALM Media Properties, LLC. All Rights Reserved.